Warren Ingram and Dr. Marc Rogatschnig delve into their newly launched book ‘Small Changes for Big Results,’ highlighting the impact of unconscious influences on financial decisions. They offer a behavior change framework, using case studies and tools to help readers improve their financial behaviors. Emphasizing small, impactful mindset shifts, the book aims to simplify behavior change and enhance [...] The post Small Changes for Big Results: How to Improve Your Finances One Step at a Time appeared first on Honest Money ..read more

By Warren Ingram, CFP® In the world of investing, a fundamental point is often overlooked: to become a great investor, you must learn to be a good loser. This lesson transcends financial theory and taps into the very core of human psychology. Understanding your emotions and tolerance for losses is crucial for anyone seeking success [...] The post Become a good loser to be a great investor appeared first on Honest Money ..read more

By Warren Ingram, CFP® Life has a way of surprising you when you least expect it. As soon as you have organised your personal finances, something knocks your plans off course. As the great philosopher (and boxer) Mike Tyson once said, “Everyone has a plan until they get hit.” So, what do you do when [...] The post When Financial Planning Hits a Roadblock: How to Get Back on Track appeared first on Honest Money ..read more

In this episode, Warren Ingram and Kelin Pottier, Solutions Strategist at 10X Investments, discuss the different ways to store cash in unit trust funds. They explore the concept of income funds, which aim to deliver a high level of income while maintaining capital stability, the risks involved in income funds and the importance of regulations and diversification in managing [...] The post Cashing In on Stability: A Deep Dive into Income Funds appeared first on Honest Money ..read more

In today’s episode, Warren Ingram delves into asset allocation, navigating the complexities of balancing stocks, bonds, cash, property, and shares to tailor your investment strategy. He’ll guide you in aligning your portfolio with your financial goals and risk tolerance, emphasizing personalized approaches over generic solutions. Questions/Topics: For more valuable insights from the 10x team, click here. [...] The post The Art of Balanced Investment Portfolios for Your Success appeared first on Honest Money ..read more

By Warren Ingram, CFP® Life has a way of surprising you when you least expect it. As soon as you have organised your personal finances, something knocks your plans off course. As the great philosopher (and boxer) Mike Tyson once said, “Everyone has a plan until they get hit.” So, what do you do when [...] The post When Financial Planning Hits a Roadblock: How to Get Back on Track appeared first on Honest Money ..read more

In week’s episode Warren Ingram guides you with a comprehensive discussion on investment myths and the impact of FOMO in the South African market, cautioning against chasing short-term highs and reacting impulsively to trends. Questions/Topics: For more valuable insights from the 10x team, click here. Have a question for Warren? Don’t forget to voice note your questions through [...] The post Disentangling Investment Myths: A Guide to Prudent Investing Amid Market Hype appeared first on Honest Money ..read more

By Warren Ingram, CFP® One of the most frequently asked questions we receive on the Honest Money podcast is about how to teach children about money. Financial education is desperately needed in a country where so many people were excluded from the formal financial system through Apartheid and, more recently, poverty. That means there is [...] The post Teaching children about money. appeared first on Honest Money ..read more

In this week’s episode of the financial podcast, Warren Ingram discusses the complexities of the nation’s fiscal situation with Chris Eddy, Head of Multi-Asset Funds at 10x Investments. They analyze the implications of high debt levels and the use of foreign exchange reserve profits, highlighting the transition from stability to vulnerability. Amid economic challenges, opportunities for investors are explored, [...] The post The Hidden Dynamics of South Africa’s Debt and Investment Challenges appeared first on Honest Money ..read more

By Warren Ingram, CFP® Introduction: Residential property investment is often promoted as a great way to accumulate wealth. The benefits, we are told, include passive income through rent as well as capital growth from rising house prices. In addition, there are the benefits of owning a tangible asset rather than an intangible asset like a [...] The post The Real Deal on Residential Property Investment: Weighing the Pros and Cons appeared first on Honest Money ..read more